Pyay is on the route from Yangon to Bagan on the eastern banks of Ayeyarwady (Irradwaddy) River. It used to be the old capital of Pyu Kingdom between 5th to 9th Centuries. There is unfortunately not much left to see from that period except parts of the old city wall and some prototype Burmese stupas.
Shwesandaw Pagoda overlooking the town is a good place to have a view of the Ayeyarwady River.
AKAUK HILL (DAY TRIP)
Is located south of Pyay on the western banks of Ayeyarwady. It a 2 hours ride by a rented boat, there are hundreds of Buddha Images carved on the river banks by boat men who stay there overnight during their journey. The boat ride on the Ayeyarwady itself is a pleasant trip where one can see the daily life of the people staying around the river.